Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.

In almost every election cycle, politicians toot their own horns when it comes to rising wages, pointing to higher paychecks as proof that the average worker is thriving. But under the Biden ...

Nearly half of Americans now use AI tools in their holiday shopping, while interest in gifting crypto is rising sharply, ...

IRVING, Texas--(BUSINESS WIRE)--American Beacon Advisors, Inc. (“American Beacon”), an experienced provider of investment advisory services to institutional and retail markets, announced today that it ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Bonds rebounded. U.S. investment-grade bonds bounced back from a fourth-quarter loss to deliver a solid first-quarter gain. Mounting uncertainty regarding growth, tariffs and inflation helped push ...

With Thanksgiving having come and gone, new data shows a mixed picture for American households. The cost of cooking a ...

According to Longwoods International, a leading travel and tourism research consultancy, 57% of American travelers say inflation will affect their travel plans. Another 39% already changed their fall ...

The American middle class is grappling with a financial crisis despite earning six-figure incomes, with inflation eroding their purchasing power and threatening their traditional way of life. “I was ...

U.S. investment-grade bonds delivered their second straight quarterly gain. Inflation break-even rates ended the quarter lower, and our allocation to inflation-linked government bonds detracted from ...